The Enders Building 262 E Main St

Cascadia Prime Commercial is pleased to present for sale a rare investment opportunity: the Enders Building at 262 E Main Street in Ashland, Oregon. Home to the historic Columbia Hotel, this approximately 23,000 SF trophy property also includes eight offices, one real estate office, five retail spaces, and an on-site parking lot. The property is fully leased with limited vacancies in the last ten years. There is upside potential for raising rents to market value as an investment opportunity. A new owner could also operate the historic 25-room Columbia Hotel, whose current lease runs through November 2022; however, the businesses in the building are not included in the sale price.
Located on the second floor of 262 E Main Street, is a gem of history, the Columbia Hotel. The 25 room hotel is an unexpected urban retreat, welcoming guests to take a step back in time. Dedication has been taken to preserve the historic details and uniqueness of the building that stood through depression, war, boom and bust cycles of Southern Oregon and changing economics. Now The Columbia Hotel is ready for a new owner or operator to carry on the tradition of 111 years of operation, the longest of any continuously operating hotel in Oregon, or to reinvent this historic property while paying homage to its rich history.
The Enders Building is listed on the National Register of Historic Places, and the hotel charms guests with its high ceilings, beautiful woodwork, thoughtful touches, and outstanding location in the heart of downtown Ashland. The first-floor commercial units feature desirable Main Street frontage, with exposure to more than 10,000 average daily vehicles and heavy tourist and local foot traffic.
Selected as a Top 10 Finalist in Outside magazine’s search for the “Best Town in America,” Ashland is the crown jewel of Southern Oregon. Known as a culturally-rich destination for tourism, entertainment, entrepreneurship, and breathtaking outdoor experiences, this thriving town greets 450,000 annual visitors and is also home to Southern Oregon University’s nearly 6,000 students. The world-renowned Oregon Shakespeare Festival is held in Ashland along with around 150 wineries in the surrounding area.
Don’t miss out on the opportunity to own the historic Enders Building and join the vibrant community of Ashland, Oregon. Be sure to check out the video and virtual tour in the media above. Please reach out for additional information.